Dhaka, Nov. 9 -- The Bangladesh Trade and Tariff Commission (BTTC) has recommended allowing onion imports to control the rising prices in the local market.
Given the increase in onion prices, import permission should be granted immediately, the commission noted.
According to the BTTC, onion prices typically rise between October and December each year.
In a letter forwarded to the secretaries of commerce and agriculture on Thursday, the commission suggested quick approval of limited onion imports after reviewing the recent supply situation.
As of Saturday evening, onions were selling for Tk 115-120 per kg in the city. Data from the Trading Corporation of Bangladesh (TCB) showed a 54 per cent surge in onion prices within just one week....
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